Management Accounting

NAMITA VAKIL

**** ****** *****, ******* ** ****9 (510)

*** **** (home)

Email: ************@*****.*** 510-***-**** (cell)

US Citizen

WORK EXPERIENCE

Accounting associate, Loss Prevention, Ross Inc. (Dec 2010 - March 2011)

. Entering Invoices, Securing approvals, Cutting POs, and making payments

for Expense and Capital Items. Processing Temp employee Time sheets.

Weekly Forecasts of Expenditures in several Accounts pertaining to

service lines. Corresponding Month-end Accruals for the same.

Reclassification of expenditures to correct GLs at Month end.

. Primary contact for Vendors, frequent interaction with Govt. agencies and

other suppliers of goods and Services.

. Prepare AP aging reports. Investigate and resolve billing and vendor

issues. Reconciliation of vendor statements and resolving discrepancies.

Maintaining vendor contracts and preparing reports based on contract

terms.

. Examine individual invoices, and roll-ups to check that the expenditures

have been allocated to the correct buckets. Advice vendors to correctly

invoice in the appropriate categories. Access, code and approve invoices.

. Month-end and Year-end closings.

Accounting assistant, Med-Vantage, Inc (March 2007 - June 2010)

. Bank reconciliation, Credit Card Reconciliation, Reconciling Liability

accounts, Month-end Reporting, Cash flow, accruals, revenue recognition.

Generate Financials for Review by upper level management.

. Using advanced features in excel (FORMULAS, V-LOOK UPS, SUM-IFS),

computed bonus accruals, vacation accruals, expense (travel, phone,

legal) accruals, prepaid and accrued payable reconciliations.

. Maintained and Updated on a monthly basis, a fixed asset schedule and a

depreciation and Amortization Schedule. Interacted effectively with Admin

and IT departments to ensure that the list of FA is accurate.

. Processed Expense Reports for employees while carefully ensuring that

they adhered to expense policy of the Company, generated reports for

upper management to compile billable expenses, and hence invoice

Customers.

. Monitored and enforced timely submission of Timesheets and Expense

Reports. Worked closely with the Project Management/Professional Staffing

Team to aid in constructing invoices.

. Provided training to personnel in order to use the time and expense

reporting systems accurately.

. Booked Payroll entries, generated 1099s, worked closely with HR, did

special projects for CEO and CFO ex: Forming a budget, Vendor analysis;

maintained calendar and memorize transactions for payables, accruals,

prepaids and amortizations.

. Supervised a consultant responsible for time sheet entry and submission

. Processed and coded invoices, initiated approval workflows, customer

payments, A/P, A/R, procured adequate backup and approvals for credit

card, regular and recurring JEs.

. The company went through funding, and several comprehensive Audits.

Furnished all necessary reports as requested by Auditors and Investor

group. In addition, put in long hours to assist upper management organize

financials better and to streamline an effective process of securing

approvals for payables, constructing aging table for AR, etc, logging

POs.

. Wrote up detailed procedures for all functions performed and their

effective implementation. Careful virtual filing of invoices, approvals,

contracts and other important documents in the designated destinations

(mainly using SharePoint and internal shared directories)

. Furnished vendor reports and expenditure scenarios for various other

departments in the company to aid them conduct cost-benefit analysis

regarding third party services.

Accounting Analyst, Key Point CU/ West One FCU, Livermore (Oct 2005 - Jan

2007)

. Reporting Cash Flow of the Credit Union to upper level management as well

as the NCUA on a daily basis. This incorporates updating member loan

data, analyzing Federal check activity report as well as monitoring Bank

Balances, and member CD Maturity scenario.

. On a monthly basis, construct the financial statements (Balance sheet and

Income statement), as well as calculate and report the various financial,

investment, and Capital Ratios, for the purpose of putting together a

Board Package. Use the Asset Liability model to simulate Net Economic

value of institution under simulated rates of interest.

. On a quarterly basis, complete the Call Report, which is a financial

status report for credit unions

. Construct and run queries to assist management, several other departments

in the credit union, as well as outside parties (NCUA, Auditors, persons

from other credit Unions conducting Due Diligence), thus providing

reports pertaining to specific information required.

. Reconcile various GL accounts, Loans, Shares and certificates of Deposit.

. Was initially a consultant with West One. Key Point and West One merged

in June 2006; worked with CEO, CFO, Controller, independent advisors, and

accounting staff of Key Point to do needful for purposes of migration of

data. Furnished all necessary reports and historical research material to

upper level management.

Bookkeeper, Escalon Networks, Fremont (2002 - 2005)

* Performed routine accounting/bookkeeping functions: invoicing, AR, AP,

reconciliations, Payroll, Cash flow analysis, and forecasting.

* Interacted with vendors, processed invoices, generated client invoices,

check runs, vendor file maintenance, expense reimbursements

* Assisted with extensive market research (over the internet as well as

closely interacting with prospective/potential clients). Productively

organized data and formulated presentations to align with the trends in

the Wireless Communications field.

EDUCATIONAL BACKGROUND

Degree in Economics (Finance, Statistics) San Jose State University, San

Jose.

STRENGTHS

Experience: Several years of Accounting. Worked in both small, mid-size and

large company settings.

Computer Skills: Peoplesoft, QuickBooks, Applied Knowledge of Advanced MS

Excel, EZTime, ADP Ezlabor management, SharePoint, MS Word, Outlook, New

Solutions (Accounting package used by financial institutions), Xign,

Cognos.

Personal Skills: Excellent writing and organizational skills; Sound in

Knowledge of GAAP; Outstanding interpersonal and communication skills;

Ability to work independently as well as a segment of a team; Good Problem

Solving skills. Quick and eager learner.

REFERENCES

Available upon request

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